Can I retire at age 45 with 800,000?

Use the below retirement simulation to view the chances of a successful retirement.
Confused? Try the simple retirement calculator

About Your Retirement ?

Current Age
Retirement Age
Current Savings $
Annual Deposits $
Annual Withdrawals $
Stock market crash:

Portfolio ?

% in Stocks:
% in Bonds:
% in Cash:
Modify Stock Returns:
0%
Modify Bond Returns:
0%
Modify Cash Returns:
0%
Modify Inflation:
0%
How much money do I need to retire?

This retirement calculator runs simulations based on past data from the S&P 500, 10 Year Treasury Bond, 3 month T-Bill, and US inflation. For each year of each simulation, a random return and inflation amount is chosen.

How to use: Enter your current age and the age when you retire. Then enter your current savings, the amount that you can save annually before you retire, and the amount that you plan to withdraw after retirement. Your annual deposits and withdrawals take inflation into account. For example, if you need $50,000 to live on in retirement using today's dollars, we will automatically take into account the cost of living for your retirement years. The same is true for your annual deposits. Next, decide if you'd like to simulate a stock market crash.

In the portfolio section, choose the makeup of your portfolio with stocks, bonds, and cash. Cash assumes that your money is stored in a savings account. You can then alter the future returns and inflation. For example, if the market has historically returned about 10%, but you think the future will be worse, modify the stock returns by -3%, and the future returns will average out to 7%. Investment fees can also lower stock market returns. Many index funds and ETFs offer extremely low fees and expenses.

Many people receive income in retirement, such as social security, pension plans, part time jobs, annuities, and other benefits. This would allow you to take out smaller distributions every year. Please note that taxes must also be considered, but are not used in this simulation. A 401k, Roth IRA, and Traditional IRA are taxed differently than a standard investment account, as are dividends.

Note: This assumes that the future is at least somewhat like the past. In reality, anything could happen. The Soviet Union collapsed, Japan's Nikkei Index is still well below its 1989 peak. Numerous other markets have changed drastically and never recovered. However, this online tool is helpful in retirement planning and estimating how much you might need for retirement, especially those hoping to retire early. We recommend receiving advice from a financial planner.

Want to retire with $800,000?

Depending on your rate of return and investment timeframe, you'll need to save this amount every month.
2%4%6%8%10%12.4%
1 years$66,063$65,475$64,901$64,340$63,793$63,153
2 years$32,705$32,095$31,505$30,933$30,378$29,733
3 years$21,586$20,975$20,386$19,819$19,273$18,644
4 years$16,029$15,419$14,836$14,278$13,746$13,137
5 years$12,695$12,088$11,513$10,967$10,449$9,862
6 years$10,473$9,871$9,304$8,771$8,268$7,704
7 years$8,886$8,290$7,732$7,211$6,724$6,183
8 years$7,697$7,106$6,557$6,049$5,578$5,060
9 years$6,773$6,187$5,648$5,152$4,698$4,202
10 years$6,033$5,453$4,924$4,441$4,003$3,530
11 years$5,429$4,855$4,335$3,865$3,442$2,992
12 years$4,926$4,357$3,847$3,390$2,983$2,554
13 years$4,500$3,938$3,437$2,993$2,601$2,193
14 years$4,136$3,579$3,088$2,657$2,280$1,893
15 years$3,820$3,270$2,788$2,370$2,008$1,640
16 years$3,544$3,000$2,528$2,122$1,775$1,426
17 years$3,301$2,763$2,300$1,906$1,573$1,244
18 years$3,085$2,553$2,100$1,718$1,399$1,088
19 years$2,892$2,366$1,922$1,552$1,247$953
20 years$2,719$2,199$1,764$1,406$1,114$837
21 years$2,562$2,048$1,623$1,276$997$736
22 years$2,420$1,912$1,496$1,160$893$648
23 years$2,290$1,788$1,381$1,057$802$571
24 years$2,172$1,675$1,277$964$721$504
25 years$2,063$1,572$1,183$880$649$445
26 years$1,962$1,478$1,097$805$584$394
27 years$1,869$1,391$1,019$737$527$348
28 years$1,783$1,310$947$675$475$308
29 years$1,703$1,236$881$619$429$273
30 years$1,628$1,167$821$568$388$242
31 years$1,559$1,104$765$522$351$215
32 years$1,494$1,044$714$479$317$190
33 years$1,433$989$667$441$287$169
34 years$1,375$937$623$406$260$150
35 years$1,321$889$582$373$235$133
36 years$1,271$844$545$344$213$118
37 years$1,223$801$510$317$193$105
38 years$1,177$762$478$292$175$93
39 years$1,134$724$447$269$159$83
40 years$1,094$689$419$248$144$74
41 years$1,055$656$393$229$131$65
42 years$1,019$625$369$211$119$58
43 years$984$595$346$195$108$52
44 years$951$567$325$180$98$46
45 years$919$541$305$166$89$41
46 years$889$516$287$154$81$36
47 years$860$492$269$142$73$32
48 years$833$470$253$131$66$29
49 years$806$449$238$121$60$26
50 years$781$429$224$112$55$23

Sample Expected Returns by Investment Class

How long will my money last in retirement? Person retiring at age 45 starting with $800,000, adding $2,857 every year, while hoping to spend $25,921 every year in retirement. These numbers increase with inflation.
Reality usually performs much different than the expected returns. This uses historical averages, but anything can happen. In general, riskier investments have greater returns on average, but more volatility in the short term.
Age Total: 100% Stocks Total: 100% Bonds Total: 100% Cash Total: 68/16/16 Blend
44$800,000$800,000$800,000$800,000
45$884,547$842,147$829,747$941,154
46$947,191$855,832$829,964$992,950
47$1,015,356$869,320$829,319$1,046,259
48$1,089,578$882,572$827,757$1,103,917
49$1,170,446$895,549$825,217$1,166,351
50$1,258,609$908,208$821,640$1,234,029
51$1,354,781$920,504$816,959$1,307,467
52$1,459,748$932,389$811,106$1,387,236
53$1,574,375$943,809$804,012$1,473,963
54$1,699,615$954,709$795,600$1,568,341
55$1,836,516$965,030$785,793$1,671,131
56$1,986,233$974,709$774,508$1,783,176
57$2,150,036$983,676$761,662$1,905,402
58$2,329,324$991,862$747,162$2,038,831
59$2,525,640$999,188$730,917$2,184,590
60$2,740,680$1,005,572$712,827$2,343,919
61$2,976,313$1,010,929$692,790$2,518,190
62$3,234,597$1,015,164$670,699$2,708,909
63$3,517,799$1,018,180$646,440$2,917,742
64$3,828,415$1,019,872$619,897$3,146,522
65$4,169,197$1,020,129$590,947$3,397,271
66$4,543,172$1,018,832$559,460$3,672,218
67$4,953,677$1,015,856$525,304$3,973,820
68$5,404,387$1,011,069$488,336$4,304,785
69$5,899,350$1,004,327$448,412$4,668,100
70$6,443,028$995,483$405,377$5,067,055
71$7,040,331$984,376$359,072$5,505,280
72$7,696,673$970,838$309,329$5,986,775
73$8,418,016$954,692$255,974$6,515,948
74$9,210,929$935,747$198,824$7,097,661
75$10,082,649$913,804$137,690$7,737,272
76$11,041,148$888,650$72,372$8,440,687
77$12,095,212$860,060$2,663$9,214,416
78$13,254,518$827,797$0$10,065,637
79$14,529,729$791,610$0$11,014,507
80$15,932,595$751,232$0$12,058,781
81$17,476,059$706,381$0$13,207,657
82$19,174,384$656,761$0$14,471,772
83$21,043,284$602,056$0$15,862,850
84$23,100,076$541,933$0$17,393,810
85$25,363,837$476,042$0$19,078,889
86$27,855,590$404,009$0$20,933,778
87$30,598,498$325,443$0$22,975,768
88$33,618,084$239,929$0$25,223,916
89$36,942,472$147,029$0$27,699,222
90$40,602,651$46,280$0$30,424,831
91$44,632,767$0$0$33,426,249
92$49,070,448$0$0$36,742,642
93$53,957,153$0$0$40,403,637
94$59,338,571$0$0$44,435,321
95$65,265,044$0$0$48,875,417
96$71,792,046$0$0$53,765,496
97$78,980,706$0$0$59,151,364
98$86,898,385$0$0$65,083,497
99$95,619,308$0$0$71,617,516
100$105,225,271$0$0$78,814,713